Page 18 - Manufacturing Sector

India is not much behind in capability, what we lack is scale: Gokaldas MD

Self-dependence should be interpreted as producing high quality goods required for Indian and global consumption in India with as much value addition as possible in the country, he said

India has the ability to reduce dependence on China, cut deficit: Report

The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.

Lockdown woes: Mining shrinks 27%, manufacturing falls 64% in April

Industries such as vehicles, furniture, leather, tobacco, electrical equipment and fabricated metals recorded a contraction of more than 90 per cent during the month

India must shed its protectionist attitude: Ex-CEA Arvind Subramanian

If we turn protectionist, I don't know how can we be an exporting power. Self-sufficient exporting powerhouse is an oxymoron," he said.

Agriculture, mining saved Indian economy in FY20; manufacturing bites

The farm sector is expected to perform well in FY21 as well.

Many manufacturing companies weighed labour cost cuts even before lockdown

Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar

Covid-19 crisis: 80% MSMEs in Sonipat hub await their turn to open

The first of a five-part series captures the restlessness of workers in Haryana's industrial clusters struggling to restart operations

Poor, farm sector likely to be FM Nirmala Sitharaman's next focus

Some of the sectors which have been worst affected by the pandemic and the lockdown include hospitality, tourism, aviation, logistics, e-commerce, automobiles, manufacturing and others

Lockdown 3.0: Rural India may drive demand recovery amid Covid-19 crisis

Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of labourers boosting consumption and prediction of a favourable monsoon.

Govt working on financial package for all sectors amid Covid outbreak

Union Minister for MSME and Road Transport and Highways Nitin Gadkari said "a package is going to be declared".

About time the govt stopped discussing a stimulus package and announced it

There is no sight of reform measures as well

Govt working to identify key sectors for making India a manufacturing hub

The manufacturing sector contributes about 15 per cent in the country's economy and the government is aiming to increase it significantly

Liquor shops to schools: What's open, what's not as India extends lockdown

Districts will be tagged as red, green and orange zones based on severity of coronavirus cases in extended lockdown.

How will new lockdown guidelines impact different sectors of the economy?

The services such as aviation, hotels, malls, etc. would have to wait for a much longer time

PM Modi to make it official today: Lockdown will stay with caveats

But, even if lockdown restrictions are eased, labour remains the biggest challenge for both agriculture and industry.

Focus on gradual resumption

Govt should consider the suggestions made by DPIIT

Monsoon cheer

India must grab some of the space vacated by China

Parliament panel expresses concerns over dip in manufacturing sector FDI

It recommended the commerce department to take concerted efforts to increase the share of manufacturing sector in FDI inflows.

Coronavirus impact: Feb manufacturing PMI slips marginally to 54.5

Coronavirus scare keeps companies spooked and business optimism low

COVID-19, trade war: Manufacturing shift to hit China, but will India gain?

In the midst of this long-term structural shift from China, India has dropped a few notches in the companies' preference to relocate manufacturing, while ASEAN countries have gained.